Edmonton-based management consultancy E2E joins Sia Partners
E2E Business Transformation, an Edmonton-based boutique management consultancy, has joined the Canadian operations of Sia Partners, a France-based management and technology consulting firm.
Founded in 2014 by Carolann Regular, E2E specializes in organization change management consulting for business and IT transformation initiatives. The firm’s team of 25 team members have experience in strategy, business improvement, business transformation, and IT projects and initiatives.
E2E works with clients across energy and utilities, transportation, and government, and will generate $6.3 million in revenue in 2022.
Sia’s acquisition of E2E will bring its Canadian operations to more than 250 employees (including 100 in Western Canada) across locations in Vancouver, Edmonton, Calgary, Toronto, and Montreal.
“I’m thrilled to join Sia Partners and be part of a global network,” Regular said. “I look forward to servicing my clients with new service capabilities. With the support of the group, I intend to build a Tier-1 consulting practice in Edmonton.”
As part of the transaction, Regular will join Sia as a partner and will lead the firm’s Edmonton location. She will also join Sia’s Canadian steering committee.
Prior to founding E2E, Regular held senior roles in the public sector and consulting, including serving as executive director for service delivery transformation within Alberta’s Ministry of Human Services. Earlier in her career, she was a senior systems and business analyst at Accenture.
Sia’s acquisition of E2E arrives one year after the French-origin firm bought Ethier, a Calgary-based management consultancy with more than 50 employees.
“These acquisitions are reflecting our reading of the shifts in the energy and mining markets due to the new geopolitical backdrop. Our ambition is to strengthens our positions in the mining sector, in Western Canada, but also in Western Australia, as we also recently opened an office in Perth,” said Matthieu Courtecuisse, founder and CEO of Sia Partners.
Courtecuisse says the Canadian market remained “strategic” for the firm. Sia’s Canadian operations grew revenues by 146% in fiscal year 2022 to reach $32 million.
“Our target for FY23 is $50 million,” the Sia CEO said. “We will also open two new offices in Canada by the end of 2023.”